Eric Mesa | May 21, 2013
Boing Boing pointed me to a few Bitcoin articles and then there was another one on Ars on 6 May. I’d be pretty surprised if you haven’t heard about Bitcoin; it’s been all over the news because of the crazy bubble the Bitcoin exchange rate was having recently. But, just in case, Bitcoin is a [...]
Category: economics, Internet, Science and Technology |
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Tags: Bitcoin
Eric Mesa | May 10, 2013
Matt Taibbi wrote a story on 1 May about how there is a possibility of the end of banks that are too big to fail. The biggest issue I have with the way the financial crisis has been dealt with is the complete hypocrisy. Now, I’m not so naive as to fail to realize that [...]
Category: economics, Politics |
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Tags: Banks, Too Big to Fail
Eric Mesa | April 23, 2011
Dear Amazon and Valve, I write this to you because you are the largest and most powerful companies in your ecosystems. The digital world has become ridiculous and you need to be leaders in rectifying the situation. Let’s start with Amazon. The two biggest digital things you sell are books and music. Back in the [...]
Category: DRM, economics, Science and Technology |
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Tags: Amazon, ebook, Kindle, nook, Steam, Valve
Eric Mesa | August 19, 2010
We all know that technology continues to get cheaper and cheaper every year. But this was brought into sharp relief yesterday when I looked up the invoice for Dave’s computer to see what components it contained. I built Dave’s computer in 2006. It was a graduation present from my parents and meant to be Dave’s [...]
Category: Computers, economics, Geek Love |
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Tags: Building Computers
Eric Mesa | May 12, 2010
There’s a new system of exchange of goods and services that threatens to rock the economic system and it’s not some new form of derivatives. Digital goods and services are growing larger and larger, but economics has not yet caught up. This is scary because more and more of our economy is based upon digital [...]
Category: Culture & Entertainment, economics, Video Games |
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Tags: Amazon, digital content, Steam
Eric Mesa | September 18, 2008
Today I was listening to Fresh Air on NPR. They had an economics guy on who’s now a professor at one of the University of Maryland campuses and was involved in Clinton’s economic team. (Although he didn’t always see eye to eye with Clinton’s treasury secretary) This guy put the current economic crisis in the [...]
Category: economics, News, Politics |
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Tags: AIG, Credit Crunch, Fresh Air, Housing Bubble, Housing Crisis, NPR
Eric Mesa | March 5, 2008
On a recent business flight I took, I noticed that my tray table had become an advertisement for cough drops Also, a plane ticket, which I, regrettably, did not photograph, had an advertisement for Papa Johns Pizza. Has it come to this? Are the airlines so desperate for cash that they have resorted to selling [...]
Category: economics, Photography |
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Tags: airlines, planes, travel
Eric Mesa | August 14, 2007
Our sexually crazy and confused friends over in Japan have decided to contribute to the end of humanity with the Honey Doll (warning link contains some images/sounds NSFW) : Unlike the blowup doll everyone makes fun of, the Honey Doll is supposed to mimic real women. It looks real (or creepily almost real) and has [...]
Category: Globalization, News, Science and Technology |
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Eric Mesa | April 13, 2007
It’s not Paul Wolfowitz’s fault that he used nepotism to give his girlfriend a job at the state department paying $200k a year. No, no…. You see, he told use yesterday why he did it – He was new to the bank and didn’t know that it was wrong. Of course! The World Bank obviously [...]
Category: economics, Financial, News, Politics |
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Eric Mesa | March 21, 2007
Whenever one political party expresses wishes to give a fixed percentage tax cut to all Americans, the other party portrays it as tax cuts for the rich. (I’ve complained on this blog about this before) Their proof: the rich get back a few thousand bucks while the poor only get back a few hundred. The [...]
Category: economics, Financial, News, Politics, Scott Adams |
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Eric Mesa | December 7, 2005
As I was driving home last week, I heard something interesting on NPR. I knew that people had been selling their MMORG characters on Ebay. They would spend a few sleepless nights getting their character up to a really high level and then sell the character on Ebay to the highest bidder. I’ve heard stories [...]
Category: Computers, economics, Financial, Geek Love, Video Games |
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Eric Mesa | November 29, 2005
With all of the job cuts being announced right before the holidays, I was wondering if it might be time for a new capitalism. Here’s a rhetorical question, what if the board lowered their salaries and the CEO’s salary instead of firing people? A typical CEO for these big companies like Delta makes a few [...]
Category: Financial, Globalization, News |
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Eric Mesa | April 6, 2005
I am coming to the end of the Lexus and The Olive Tree. In part three of his book, he had a very interesting analogy for the world’s economic systems. If they were a gas station…. Japan – the gas costs $5/gal, but there are five guys who service your car. They pump your gas, [...]
Category: Books, economics, Globalization, Politics |
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Tags: flat world, gas stations
Eric Mesa | March 31, 2005
I’m still listening to The Lexus and the Olive Tree, which I mentioned back back on 12 March, since it’s a massive 21 hour book. Today I heard what I consider to be one of the most interesting theories involving wars. The author of the book noticed that no two countries containing a McDonald’s in [...]
Category: economics, Globalization |
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Tags: flat world, war
Eric Mesa | March 12, 2005
I recently began listening to an unabridged version of The Lexus and The Olive Tree and I must say that after about ten minutes of listening to the book, I’m quite disconcerted over the increasing connectedness of countries and their ability to affect each other. Allow me to illustrate this by paraphrasing the book’s opening [...]
Category: economics, Financial, Globalization |
2 Comments »
Tags: flat world, Thailand